FXin which currency should choose?

When FX is begun, “which currency should have been chosen probably?”With the person who is troubled it is many, probably will be.This time, we convey the method of choosing the currency when it transacts FX then.

Currency pair is decided first

Saying, that the currency is chosen with FX transaction, it does not mean that chooses just one currency, for example, “dollar (U.S. dollars)” with “circle (the Japanese Yen)” with it is necessary to choose the combination of two currencies which were said.In case of the Japanese, foreign exchange dealing (foreign currency transaction) when it does, the compensation “circle (the Japanese Yen)” with is tend to think naturally, but the compensation “circle (the Japanese Yen)” is with does not limit to the foreign exchange market.

For example, “the Europe” of the European currency and, with “the Europe when “dollar (U.S. dollars)” is transacted/dollar transaction”, as for “circle (the Japanese Yen)” it does not lie between, (there is no relationship,).Therefore, “transacting the combination of some currency and some currency?”It is necessary to think.Thing of combination of these, two currencies is called “currency pair”.

Combination of dollar and Yen in beginner recommendation

For the first time, when transacting FX, in case of the Japanese “dollar (U.S. dollars)” it is combination (currency pair) “of circle (the Japanese Yen)”, it is good to do “dollar circular transaction”, probably will be.if the japanese, for example 100yen=onigiri is1much you can buy individual price you’ll find it intuitive and? also, in foreign currency should be accessible also in the best sense for many japanese usd. in that sense, currency trading for the first time the japanese (foreign exchange trading) if you want to is, u.s. dollar yen trading but is recommended.

actual market (FXmarket) in u.s. dollar yen trading around the, euro-yen trading pound yen trading australian dollar yen trading has been favored by japanese individual investors as well as. but stillFXwhen you start trading, the first familiar u.s. dollar yen trading would be best is from, considers. u.s. dollar yen trading from a familiar, then euro-yen trading go to, such as, consider as well as their preferences from familiar enough to them again, it is a good idea to consider whether to make a deal in which currency pairs.

following page for information about viewing the currency in the foreign exchange market

for information about viewing the dollar and the yen in the foreign exchange market

now, next is the foreign exchange market is how to display the dollar and yen, let’s talk. because the display method and usually unfamiliar but those not familiar with currency trading, in trouble and will not need to know this.

if you are trading in the foreign exchange market, u.s. dollar notation is ＄ it can also be used, USD found, for market participants in foreign exchange rates and foreign exchange dealers are common. USD is United State Dollar U.S. Dollar is short for. USD is how to read the, as it is you es dee but i say, you es dollar you may also read and.

as, japanese yen representation of the ￥ it can also be used, JPY is more common. JPY of JP is Japanese short for, JPY of Y is Yen is short for. JPY reading the intact pee jay-wye it can also be used, yan japanizu but the spoken.
YEN it can also be used, as is customary in the foreign exchange market in recent JPY found the notation of, as a high frequency of use.

british pound before the u.s. dollar was a reserve currency

before the u.s. dollar has become a key currency, british pound was the key currency. let’s also talk about the british pound.

british pound is GBP will be displayed. Great Britain Pound is short for. pound of nickname is cable this is called. cable is cable that of, undersea phone line is that of.
in the era before direct telephone line between british and american lead, morning hours of the afternoon and the new york market of the london market, despite the overlap, differentas a market, in each of the different price pound/dollar (GBP/USD) had been traded is. cross the atlantic undersea phone line (cable) when has led, market participants in general there margin within not notice that there is a, between the new york market of the london market and price difference using the, pound/u.s. dollar trading (GBP/USD Deal) arbitrage is (arbitrage) do, yes there were investors made a killing. since pound of nickname is cable i have heard and became.

british pound is STG with the notation. STG is Sterling is an abbreviation for.
still pound the sterling there are a lot of people also referred to as.

summary

FXwhen you start trading, initially, familiar u.s. dollar yen trading from the best way to do it. and euro-yen trading pound yen trading australian dollar yen trading i think is good to try to deal with the yen currency pairs, such as.

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